This is your opportunity to be CEO for a day! You will be creating a working company structure. What kind of company is up to you—whether you’d like a car dealership, a veterinary clinic, or something else entirely, the choice is yours. Once you’ve come up with a name and a short description for your business, answer the following questions:

How many employees does your business have? (Ideally, for this exercise, between 10 and 100)
How much profit do you realistically expect your company to generate?
What unique needs does the business have?
What opportunity in the local community does your business capitalize on? Think about schools, charities, and similar organizations.
When you have answered these questions, the real work begins: create a diagram of the business functions your company has. You can research online to see the diagrams or hierarchies that different businesses have. Outline the different functions (such as HR, accounting, etc.) and describe how they would have to be set up in your company in order for it to be successful. Think about the size and scope of your company when you do this. As we saw in Activity 1, the number of employees can make as big a difference as your choice of industry.

1 answer

Company Name: PetPals Veterinary Clinic

Description: PetPals Veterinary Clinic is a full-service veterinary clinic dedicated to providing high-quality and compassionate care for pets. Our team of experienced veterinarians and support staff are committed to promoting the health and well-being of animals in our community.

Number of Employees: 20

Expected Profit: The company is expected to generate an annual profit of $500,000.

Unique Needs:
1. Highly skilled and licensed veterinarians and veterinary technicians.
2. State-of-the-art medical equipment and facilities.
3. Excellent customer service to build strong relationships with pet owners.
4. Effective marketing strategies to promote our services and attract new clients.
5. Strong community partnerships with local animal shelters and rescue organizations.

Opportunity in the Local Community:
PetPals Veterinary Clinic aims to capitalize on the opportunity to provide affordable and accessible veterinary care to pet owners in our local community. By collaborating with schools, charities, and similar organizations, we can organize educational seminars and workshops to promote responsible pet ownership, preventive care, and animal welfare. Additionally, we can offer discounted services to organizations such as animal shelters and rescue groups, supporting their efforts to provide veterinary care to animals in need.

Business Functions Diagram:

1. Administration:
- Responsible for overall management and strategic decision-making.
- Oversees all departments and ensures adherence to company policies and procedures.
- Manages financial resources and budgeting.

2. Human Resources:
- Recruitment, selection, and training of veterinarians, technicians, and support staff.
- Payroll administration and benefits management.
- Employee performance evaluation and career development.

3. Finance and Accounting:
- Accounts payable and receivable management.
- Financial planning, budgeting, and forecasting.
- Tax compliance and financial reporting.

4. Marketing and Public Relations:
- Development and execution of marketing strategies and campaigns.
- Maintaining the company's website and social media channels.
- Building relationships with local media outlets and organizing community events.

5. Veterinary Services:
- Medical care services including consultations, examinations, vaccinations, and surgeries.
- Diagnostic services including laboratory testing, radiography, and ultrasonography.
- Pharmacy and prescription management.

6. Client Services:
- Appointment scheduling and managing client communication.
- Front desk operations including check-in, check-out, and billing.
- Responding to client inquiries and providing excellent customer service.

7. Facilities and Equipment:
- Maintenance and regular servicing of medical equipment.
- Inventory management of veterinary supplies and medications.
- Ensuring a clean and safe environment for staff and patients.

8. Community Outreach:
- Collaborating with local schools, charities, and organizations to organize educational programs.
- Building partnerships with animal shelters and rescue groups to support their initiatives.
- Facilitating pet adoption events and promoting responsible pet ownership.

Note: The above business functions diagram is a generalized representation and may vary depending on the specific requirements and industry standards of PetPals Veterinary Clinic.